JMP Securities raised the firm’s price target on Cloudflare to $120 from $90 and keeps an Outperform rating on the shares. Cloudflare reported strong Q4 and FY23 results and the key hire of Mark Anderson as president of revenue has been well received, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on NET:
